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South African taxpayers receive relief in Budget 2023 amid economic pressures

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The National Budget delivered by South Africa’s Minister of Finance, Enoch Godongwana, showed that government is making some significant financial commitments to restore Eskom to viability and maintain social grants. But with GDP growth projected at 1.4% on average from 2023 to 2025, and a potential tapering-off of the commodities boom over the medium term, how will government fund these commitments?

Budget 2023 | SA Finance Minister Enoch Godongwana’s Speech

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The 2023 Budget was tabled to Parliament on 22 February 2023 by South African Finance Minister Enoch Godongwana.

Budget 2022 | SA Finance Minister Enoch Godongwana’s Speech

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The 2022 Budget was tabled to Parliament on 23 February 2022 by South African Finance Minister Enoch Godongwana.

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